As The Wall Street Journal’s Sarah Kent reports, BP expects America’s climb to become the world’s largest energy producer to shrink the market for global oil and natural gas trade, with Europe and Asia set to be the only two major oil and gas importing regions by 2035.

BP forecast overall global energy demand will grow 41% between 2012 and 2035–broadly in concurrence with its rival, Exxon Mobil. This represents a slowing from the 52% surge in energy consumption over the past 20 years.

BP expects oil to be the slowest growing of the major fuels. The fastest growing class of energy will be renewables, BP says, with an average 6.4% growth a year resulting in a 14% share of the electricity-production market by 2035. Unless it has another change of heart on renewables, BP will be only a small part of this growth story.

BP is keen to reassure that there’s a lot of energy to go around, as technological breakthroughs mean less is needed to provide for an ever-needy population. But BP says emissions will rise by almost one-third by 2035.

Growth in the use of coal, fingered by the International Energy Agency’s executive director Maria van der Hoeven as the biggest single source of carbon dioxide emissions, will slow but be concentrated. Nearly all of the net growth in demand for the black stuff to 2035 is expected to come from just China and India, whose combined share of global coal consumption will rise from 58% in 2012 to 64% in 2035.

In the time since the attack, a lot of attention has been on the participants that came from the Canadian city of London, Ontario. Perhaps more pertinent to companies operating in the still-febrile North African region is that most of the militants traveled to Algeria, unheeded and unhindered, across the porous desert borders that separate Algeria from Libya, Mali and Niger.

Although Algeria has beefed up security and has experience of battling insurgency, the Economist says the country’s government has failed to convince international oil companies that it is safe for their staff to return.

Algeria needs foreign expertise. Europe is an active market for Algerian gas, but with the huge Shah Deniz project set to expand in Azerbaijan and provide a rival supplier for Europe’s gas needs there is little time to waste.

MARKETS

Brent crude-oil futures fell slightly in London Thursday after the contract got a boost from an unexpectedly bullish U.S. stockpiles report in the previous session. You can read the Journal’s latest oil-markets report here.